Strateji Don Near S&P 500 Inclusion After Bitcoin-Driven Q2 Surge
Strategy, one Bitcoin-backed company, report record Q2 results wey dey help im bid to enter S&P 500. Dem post $14 billion operating profit and $10 billion net income, wey be like $32.6 diluted EPS. Revenue reach $114.5 million, up 2.7% from last year, with subscription revenue jump nearly 70%. The company get 632,457 BTC, wey don give 25.4% gain year-to-date. New fair value accounting rules allow dem to sabi unrealized gains from im Bitcoin holdings, wey make im earnings better as BTC dey trade pass $100,000. Management raise 2025 guide to $34 billion operating income, $24 billion net income, and $80 EPS, if Bitcoin reach $150,000. Strategy don meet S&P 500 requirements: US listing, market cap over $8.2 billion, enough trade volume, and correct financial results. The S&P Dow Jones committee fit announce inclusion on September 5, effective September 19. Inclusion go mark milestone as first Bitcoin-backed company for S&P 500, show say institutions don start accept digital assets.
Bullish
Strategy fitin make S&P 500 na beta good for Bitcoin and crypto market dem. When one company go enter benchmark index, e dey usually make institutional and passive fund dem put money inside. Like how e be when Tesla join S&P 500, demand for e stock come increase and liquidity rise. To get Bitcoin-backed company inside dey show say regulators and institutions get confidence in digital assets. For short term, traders fit see price go up as funds dey adjust their allocation. For long term, this milestone fit open door for more crypto-based companies to enter traditional indices, make market stable well well and people start dey use am more.